11 Mar '12, 4pm

Stock Chart: Genting SP!

Stock Chart: Genting SP!

On Friday, Genting SP re-tests the support at $1.575 and closed at $1.59 with LOW volume of 23.5 million shares traded. During the past 10 bars, there have been 3 white candles and 5 black candles for a net of 2 black candles. During the past 50 bars, there have been 18 white candles and 27 black candles for a net of 9 black candles. RSI & MACD are flat as RSI trend sideways. Currently prices are resisted by 50/100 days MA. Immediate Resistance of Genting SP: $1.65 Immediate Support of Genting: $1.575 For the past 4 trading sessions, prices have re-test the critical support at $1.575 but managed to stay above this level. The falling volume indicates that the selling pressure could be over as prices goes into consolidation mode. The support at $1.575 is expected to be strong. Watch for … Read the full article → Related posts:Stock Chart: Genting SP! Stock Chart: Genting SP!...

Full article: http://thefinance.sg/2012/03/11/stock-chart-genting-sp-7/

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Stock Chart: SGX!

Stock Chart: SGX!

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